Gold Prices See Small Drop Following Stronger Than Expected PPI Inflation Data
(Kitco News) – U.S. consumers could see higher prices down the road as data highlight increase in producer inflation.
Read moreCoeur Mining: 2Q Production In Line With Expectations
(Kitco News) – The chief executive of Coeur Mining, Inc. (NYSE: CDE) said late Thursday that the producer’s second-quarter production was in line with the company’s expectations.
Gold Prices Firmer Heading Into Weekend
(Kitco News) – Gold prices are modestly higher in early U.S. trading Friday. Sellers of the safe-haven metals are timid heading into the weekend.
Read moreRoxgold Reports Jump In Resources After Maiden Séguéla Estimate
(Kitco News) – Roxgold Inc. (TSX: ROXG) late Thursday reported a big jump in mineral reserves as the company released a maiden estimate for the recently acquired Séguéla gold project in Côte D’Ivoire.
Gold Prices Prepare To Go Higher
(Kitco News) – Once again gold bears tried to force the yellow metal down, and it appears they have failed.
Read moreBitcoin Daily Chart Alert – Bulls Keeping Uptrend Alive – July 12
(Kitco News) – Bitcoin-U.S. dollar futures prices are higher Friday. A price uptrend is in place on the daily bar chart and the bulls have the firm overall near-term technical advantage.
Read moreTrump: ‘I’m Not A Fan Of Bitcoin And Other Cryptocurrencies’
(Kitco News) – U.S. President Donald Trump said on Thursday that he is not “a fan of bitcoin and other cryptocurrencies,” referring to the digital currencies as “not money.”
Read moreGold To End The Year At $1,440, Says Westpac
(Kitco News) – The gold rally is likely to peak by year-end, reaching a high of $1,440 an ounce in December, according to an upwardly revised forecast by the Australian bank Westpac.
Read more“Clueless” President Won’t Budge; China Trade Tensions Could Heat Up – Steve Hanke
(Kitco News) – No resolution is in sight for the trade war with China and relations may even worsen, this according to Steve Hanke, professor of applied economics at Johns Hopkins University.
Read moreIHS Markit Sees Gold Market Running Too Far Ahead Of Economic Fundamentals
(Kitco News) – Gold and financial markets could be getting a little bit ahead of themselves when it comes to aggressive monetary policy action, according to one analyst.
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